Slimsy

USD in a tight spot

TVC:DXY   U.S. Dollar Index
Reverse cup and handle formation with fibonacci supporting from below.
USD make-or-brake point. I believe dollar's price is lower thanks to central bank easing, but at the same time for some. Not sure how those government-supported hedge funds fare these last days. Possible upward movement on more bad info on covid while long-term price is lower.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.